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Inside The Secret Russian-Iranian Military-Energy-Pipeline Laundering Machine

oilprice.com · October 12, 2026 · Week 2026-42

Summary

The article alleges a sophisticated sanctions evasion scheme where Russian and Iranian crude oil is being blended and laundered through the Caspian Pipeline Consortium (CPC). Despite an EU ban, volumes through the CPC pipeline, which has an exemption for supposedly Kazakh crude, have surged far beyond Kazakhstan's production increases, suggesting it serves as a major backdoor for sanctioned oil into Europe.

Strategic Implication

This alleged sanctions evasion scheme provides a significant revenue lifeline for Russia and Iran, undermining Western policy and potentially displacing barrels from MENA producers in European markets.

Read original on oilprice.com